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Kopin Receives Initial $3 Million First Production Order for New Weapon Sight Module

Kopin Receives Initial $3 Million First Production Order for New Weapon Sight Module

WESTBOROUGH, Mass.–(BUSINESS WIRE)–
Kopin Corporation (NASDAQ: KOPN), a leading developer and provider of high-resolution microdisplays and display subassemblies for defense, enterprise, consumer and medical products, today announced it has received an initial $3 million production order for a new weapon sight module.

“This initial order for a new weapon sight electronic eyepiece confirms Kopin as the leader in weapon sight eyepieces for soldiers and is an example of our continued success in designing and manufacturing very complex microdisplay subassemblies that are used in the most rugged environments,” said Bill Maffucci, Kopin’s Vice President/General Manager of Government and Professional Products. “This weapon sight is for a new market and application and we believe the current situation in Europe provides significant opportunities for follow-on orders.”

This weapon sight module offers a sophisticated video “see through” augmented reality capability. It incorporates our proprietary CyberDisplay® product and our custom-designed optics, which have been proven as the reliable and high-performing core in more than 250,000 weapon sight systems. The order calls for deliveries in 2023.

About Kopin

Kopin Corporation is a leading developer and provider of innovative display and optical technologies sold as critical components and subassemblies for defense, industrial and consumer products. Kopin’s technology portfolio includes ultra-small Active Matrix Liquid Crystal displays (AMLCD), Liquid Crystal on Silicon (LCOS) displays and Organic Light Emitting Diode (OLED) displays, a variety of optics, and low-power ASICs. For more information, please visit Kopin’s website at www.kopin.com.

Kopin and CyberDisplay are trademarks of Kopin Corporation.

Forward-Looking Statements

Statements in this press release may be considered “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are subject to the safe harbor created by such sections. Words such as “expects,” “believes,” “can,” “will,” “estimates,” and variations of such words and similar expressions, and the negatives thereof, are intended to identify such forward-looking statements. We caution readers not to place undue reliance on any such “forward-looking statements,” which speak only as of the date made, and advise readers that these forward-looking statements are not guarantees of future performance and involve certain risks, uncertainties, estimates, and assumptions by us that are difficult to predict. These forward-looking statements may include statements with respect to our belief that the current situation in Europe provides significant opportunities for follow-on orders. Various factors, some of which are beyond our control, could cause actual results to differ materially from those expressed in, or implied by, such forward-looking statements. All such forward-looking statements, whether written or oral, and whether made by us or on our behalf, are expressly qualified by these cautionary statements and any other cautionary statements that may accompany the forward-looking statements. In addition, we disclaim any obligation to update any forward-looking statements to reflect events or circumstances after the date of this press release, except as may otherwise be required by the federal securities laws. These forward-looking statements are only predictions, subject to risks and uncertainties, and actual results could differ materially from those discussed. Important factors that could affect performance and cause results to differ materially from management’s expectations are described in Part I, Item 1A. Risk Factors; Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations; and other parts of our Annual Report on Form 10-K for the fiscal year ended December 26, 2020, or as updated from time to time in the Company’s Securities and Exchange Commission filings.

Kopin Corporation

Bill Maffucci, 508-870-5959

VP of Government Programs

[email protected]

Richard Sneider, 508-870-5959

Treasurer and Chief Financial Officer

[email protected]

or

Market Street Partners

Joann Horne, 415-445-3233

[email protected]

KEYWORDS: Massachusetts United States North America

INDUSTRY KEYWORDS: Other Manufacturing Technology Other Defense Contracts Other Technology Manufacturing Hardware Electronic Design Automation Defense

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Blue Apron’s Annual Thanksgiving Menu is Back with More Options Than Ever Before

Blue Apron’s Annual Thanksgiving Menu is Back with More Options Than Ever Before

Flexible, Mix-and-Match Offerings Designed to Simplify Holiday Meal Planning

NEW YORK–(BUSINESS WIRE)–
Blue Apron (NYSE: APRN) brings back its annual Thanksgiving menu with more options than ever before, available with or without a subscription. Designed to simplify holiday meal planning, customers can choose a classic turkey dinner as well as a vegetarian meal that comes with the option of adding a mustard glazed baked ham. In addition, holiday-inspired Add-ons will be available to mix-and-match so customers can build a feast tailored to varying party sizes.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220929005278/en/

Blue Apron’s Thanksgiving Box is a traditional, yet elevated take on the classic turkey dinner designed to simplify holiday meal planning. (Photo: Business Wire)

Blue Apron’s Thanksgiving Box is a traditional, yet elevated take on the classic turkey dinner designed to simplify holiday meal planning. (Photo: Business Wire)

“Our extensive Thanksgiving menu features easy-to-prepare recipes, regardless of a person’s skill level in the kitchen. Each offering was created with flexibility in mind to appeal to a variety of taste preferences,” said John Adler, Blue Apron’s Vice President of Culinary. “The recipes feature bright, seasonal produce, specialty ingredients and are inspired by beloved holiday favorites with a sophisticated twist.”

Available to order starting October 7, each Thanksgiving box includes a complete guide with step-by-step cooking instructions, designed to support customers as they prepare their meal.

The Classic Thanksgiving Box

“Following last year’s successful offering, we brought the entire menu back for a traditional, yet elevated take on the classic turkey dinner,” continued Adler. “We made simple tweaks to certain recipes, like swapping smoked gouda for cheddar cheese in our mashed potatoes and using candied ginger to create a more family-friendly cranberry sauce.”

The menu serves up to 8 and includes:

  • Savory Butter Roasted Turkey Breast
  • Homemade Garlic & Herb Gravy
  • Fresh Cranberry Sauce with Ginger & Spicy Maple Syrup
  • Roasted Brussels Sprouts with Fried Rosemary & Pumpkin Seeds
  • Brown Butter & White Cheddar Mashed Potatoes with Romano Cheese & Chives
  • Apple Crumb Pie with Caramel & Almonds

The Vegetarian Holiday Box

“Our brand new vegetarian box is a plant-forward menu that features a delicious and well-composed mix of recipes with distinctive ingredients,” expanded Adler. “It is anchored flawlessly around a delicious three-cheese truffle Cascatelli pasta bake, and the pre-made chocolate mousse guarantees a show-stopping finish with almost no effort.”

The menu serves up to 10 and includes:

  • Three-Cheese Cascatelli Pasta Bake with Mushrooms, Spinach & Truffle Breadcrumbs
  • Roasted Brussels Sprouts with Calabrian Brown Butter Vinaigrette & Walnuts
  • Arugula & Orange Salad with Pistachios & Creamy Date Dressing
  • Smoky Delicata Squash with Pepitas & Almonds
  • Chocolate Mousse Pie with Whipped Cream & Candied Peanuts

The Holiday Ham Box

“This option was designed to offer a non-traditional alternative to the classic turkey dinner—an easy-to-prepare brown sugar and mustard glazed baked ham. The meal kit includes all of the great recipes in the vegetarian box to create the perfect mix of protein, sides and a dessert,” shared Adler.

Blue Apron’s Thanksgiving meal kits will ship starting November 7. Order as part of a Blue Apron subscription through the website and mobile app, or without a subscription through Blue Apron’s Market and Walmart.com.

To stay up to date on Blue Apron’s Thanksgiving meal delivery, special offers and more, visit cook.ba/thanksgiving2022.

About Blue Apron

Blue Apron’s vision is Better Living Through Better Food™. Launched in 2012, Blue Apron offers fresh, chef-designed meals that empower home cooks to embrace their culinary curiosity, challenge their abilities in the kitchen and see what a difference cooking quality food can make in their lives. Blue Apron is a carbon-neutral meal-kit company and is focused on bringing incredible recipes to its customers, while promoting planetary and dietary wellness for everyone.

Contact

Muriel Lussier

Blue Apron

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Family Online Retail Retail Consumer Specialty Food/Beverage

MEDIA:

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Blue Apron’s Thanksgiving Box is a traditional, yet elevated take on the classic turkey dinner designed to simplify holiday meal planning. (Photo: Business Wire)
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The Vegetarian Holiday Box features a plant-forward menu and a well-composed mix of recipes with distinctive ingredients. (Photo: Business Wire)
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Blue Apron’s Holiday Ham Box includes an easy-to-prepare mustard glazed baked ham with vegetarian sides, for a non-traditional alternative to the classic turkey dinner. (Photo: Business Wire)
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Wiley Announces Quarterly Dividend

Wiley Announces Quarterly Dividend

HOBOKEN, N.J.–(BUSINESS WIRE)–
Wiley(NYSE: WLY and WLYB), a global leader in scientific research and career-connected education, today announced that its Board of Directors has declared a quarterly cash dividend of $0.3475 per share on its Class A and Class B Common Stock, payable on October 26, 2022 to shareholders of record on October 11, 2022. The quarterly dividend is equivalent to an annual dividend of $1.39 per share, an increase from $1.38 per share in Fiscal 2022. In June 2022, Wiley raised its quarterly dividend for the 29th consecutive year.

For more information on Wiley, please see https://investors.wiley.com.

About Wiley

Wiley is one of the world’s largest publishers and a global leader in scientific research and career-connected education. With a legacy spanning more than two centuries, Wiley enables discovery, powers education, and shapes workforces. Through its industry-leading content, digital platforms, and knowledge networks, the Company makes a true impact on the lives of people around the world by delivering on its mission to unlock human potential. Visit us at Wiley.com, like us on Facebook, and follow us on Twitter and LinkedIn.

Brian Campbell

[email protected]

201.748.6874

KEYWORDS: United States North America New Jersey

INDUSTRY KEYWORDS: Science Research Publishing Other Education Communications University Primary/Secondary Education

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CACI Awarded Task Order with the U.S. Navy Military Sealift Command to Support Fleet Readiness

CACI Awarded Task Order with the U.S. Navy Military Sealift Command to Support Fleet Readiness

RESTON, Va.–(BUSINESS WIRE)–
CACI International Inc (NYSE: CACI) announced today it has been awarded a $174 million contract to provide the U.S. Navy Military Sealift Command (MSC) with mission expertise and innovative solutions for enhancing naval ship machinery, systems, equipment, and structural performance while reducing costs.

MSC is responsible for operating and maintaining ships for the Armed Forces and other agencies. Under this task order, CACI will conduct research, analysis, and development to optimize MSC’s machinery and structural maintenance program with the goal of reducing ownership costs and technical risks while improving fleet safety, reliability, availability, and readiness.

John Mengucci, CACI President and Chief Executive Officer, said, “Joint warfighters rely on MSC to deliver agile logistics, strategic sealift, and specialized missions anywhere in the world and at any time. CACI’s support will help ensure readiness and mission effectiveness.”

CACI was awarded this contract under the Department of Defense Information Analysis Center’s (DoD IAC) multiple-award contract (MAC) vehicle. These DoD IAC MAC task orders (TOs) are awarded by the U.S. Air Force’s 774th Enterprise Sourcing Squadron to develop and create new knowledge for the enhancement of the DTIC repository and the R&D and S&T community.

CACI will provide MSC support to new Reliability, Availability, Maintainability, and Safety (RAMS), quality, and life extension engineering Research, Development, Test, and Evaluation (RDT&E); life cycle engineering RDT&E; quality assurance planning and analysis; and Condition-Based Maintenance (CBM) research and analysis.

Work will primarily be performed in the Washington, D.C., and Norfolk, Virginia areas, with worldwide deployments to shipyards during MSC ship availabilities.

ABOUT DoD IAC PROGRAM

The DoD IAC, sponsored by the Defense Technical Information Center, provides technical data management and research support for DoD and federal government users. Established in 1946, the IAC program serves the DoD science & technology (S&T) and acquisition communities to drive innovation and technological developments by enhancing collaboration through integrated scientific and technical information development and dissemination for the DoD and broader S&T community.

ABOUT CACI

CACI’s approximately 22,000 talented employees are vigilant in providing the unique expertise and distinctive technology that address our customers’ greatest enterprise and mission challenges. Our culture of good character, innovation, and excellence drives our success and earns us recognition as a Fortune World’s Most Admired Company. As a member of the Fortune 1000 Largest Companies, the Russell 1000 Index, and the S&P MidCap 400 Index, we consistently deliver strong shareholder value. Visit us at www.caci.com.

Disclaimer. This material is based upon work supported by the DoD Information Analysis Center Program (DoD IAC), sponsored by the Defense Technical Information Center (DTIC) under Contract No. FA807522D0054.

Approved for Public Release, Distribution Unlimited. Any opinions, findings and conclusions or recommendations expressed in this material are those of the author(s) and do not necessarily reflect the views of the DoD.

There are statements made herein which do not address historical facts, and therefore could be interpreted to be forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. Such statements are subject to factors that could cause actual results to differ materially from anticipated results. The factors that could cause actual results to differ materially from those anticipated include, but are not limited to, the risk factors set forth in CACI’s Annual Report on Form 10-K for the fiscal year ended June 30, 2020, and other such filings that CACI makes with the Securities and Exchange Commission from time to time. Any forward-looking statements should not be unduly relied upon and only speak as of the date hereof.

CACI-Contract Award

Corporate Communications and Media:

Lorraine Corcoran

Executive Vice President, Corporate Communications

(703) 434-4165, [email protected]

Investor Relations:

Daniel Leckburg

Senior Vice President, Investor Relations

(703) 841-7666, [email protected]

KEYWORDS: United States North America Virginia

INDUSTRY KEYWORDS: Technology Aerospace Manufacturing Military Maritime Machinery Defense Transport Other Technology Other Defense Software Contracts Networks Security

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New Study Shows Retail Customer Experience is Key to Earning Shoppers’ Discretionary Dollars in an Era of High Inflation

New Study Shows Retail Customer Experience is Key to Earning Shoppers’ Discretionary Dollars in an Era of High Inflation

More Than Two-Thirds Are Less Confident in the Economy Than a Year Ago and 76 Percent Are Spending Less, Trimming Retail Purchases

MELVILLE, N.Y.–(BUSINESS WIRE)–Verint® (NASDAQ: VRNT), The Customer Engagement Company™, today released the findings of a new study that shows nearly two-thirds of consumers polled are less confident in the economy than a year ago and 76 percent of them are spending less money, with entertainment and clothing cited as the top areas for budget cuts in retail purchases.

This summer, Verint conducted an online survey of 2,000 U.S. consumers who had purchased from a mass market retailer from February to July 2022.

Struggling with inflation and economic uncertainty, 56 percent of shoppers indicated “value for the money” as one of the two most important factors that impact their loyalty to mass market retailers.

The survey also shows the fiscal benefits of customer retention and keeping existing customers happy. Ninety-one percent of consumers shop at their favorite mass market retailer at least once a month, with 83 percent spending $50 or more on average.

Retailers that delight first-time shoppers can also benefit greatly. Three-quarters of consumers who tried a new mass market retailer for the first time in the past six months shopped there more than once, with 90 percent of first-time shoppers making purchases at least once a month thereafter.

After having an amazing customer experience, 88 percent are likely to make a repeat purchase, 82 percent are likely to recommend to friends or family, 68 percent are likely to join a loyalty program, and 63 percent said they are likely to write a positive review.

“At a time when global inflation has become one of the biggest issues facing consumers, leaving them with less disposable income, maintaining ‘share of wallet’ is critical for retailers,” says Verint’s Jenni Palocsik, vice president, marketing insights, experience and enablement. “Creating exceptional experiences should be at the heart of every retailer’s engagement strategy. And our study shows ‘to the retail customer experience victors, go the spoils.’”

The study also shows that a negative customer experience can send shoppers packing; reasons that consumers were likely to stop purchasing from a retailer included: if a customer service issue isn’t resolved in a single attempt (62%), if unable to communicate on their channel of choice (57%), if forced to repeat themselves (55%), and if they have to endure long wait times (50%).

Download the full report for more details.

With the Verint Customer Engagement Cloud Platform, brands can unlock the potential of customer engagement across every area of the business to deliver consistently differentiated experiences to their customers and employees and do so at scale. Verint solutions automate workflows across enterprise silos, enabling the entire workforce to engage with customers in the right way at the right time to drive real business results.

For more information on how to create exceptional customer and employee experiences, visit Verint.

About Verint

Verint® (Nasdaq: VRNT) helps the world’s most iconic brands – including over 85 of the Fortune 100 companies – build enduring customer relationships by connecting work, data and experiences across the enterprise. The Verint Customer Engagement portfolio draws on the latest advancements in AI and analytics, an open cloud architecture, and The Science of Customer Engagement™ to help customers close The Engagement Capacity Gap™.

Verint. The Customer Engagement Company™. Learn more at Verint.com.

This press release contains “forward-looking statements,” including statements regarding expectations, predictions, views, opportunities, plans, strategies, beliefs, and statements of similar effect relating to Verint Systems Inc. These forward-looking statements are not guarantees of future performance and they are based on management’s expectations that involve a number of risks, uncertainties and assumptions, any of which could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. For a detailed discussion of these risk factors, see our Annual Report on Form 10-K for the fiscal year ended January 31, 2022, and other filings we make with the SEC. The forward-looking statements contained in this press release are made as of the date of this press release and, except as required by law, Verint assumes no obligation to update or revise them or to provide reasons why actual results may differ.

VERINT, VERINT DA VINCI, THE CUSTOMER ENGAGEMENT COMPANY, BOUNDLESS CUSTOMER ENGAGEMENT, THE ENGAGEMENT CAPACITY GAP and THE SCIENCE OF CUSTOMER ENGAGEMENT are trademarks of Verint Systems Inc. or its subsidiaries. Verint and other parties may also have trademark rights in other terms used herein.

Media Relations

Amy Curry

[email protected]

Investor Relations

Matthew Frankel

[email protected]

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Software Internet Other Retail Professional Services Data Management Technology Artificial Intelligence Retail Data Analytics Public Relations/Investor Relations Communications Consulting

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Butterfly Network Launches Proficiency Management Solution at American College of Emergency Physicians Scientific Assembly 2022

Butterfly Network Launches Proficiency Management Solution at American College of Emergency Physicians Scientific Assembly 2022

Enterprise imaging platform, Butterfly Blueprint™, now empowers emergency physicians, and other ultrasound users, to direct and manage ultrasound utilization and proficiency

See Butterfly’s New Proficiency Management Solution at ACEP22 in booth #1208

BURLINGTON, Mass. & SAN FRANCISCO–(BUSINESS WIRE)–
Butterfly Network, Inc. (NYSE: BFLY) (“Butterfly”), a digital health company transforming care through the power of handheld, whole-body ultrasound and connected medicine, today announced a new Proficiency Management Solution offered as part of its enterprise imaging platform, Butterfly Blueprint™.

Shaped by insights from the emergency medicine community, which has been on the leading edge of utilizing point-of-care ultrasound (POCUS), Butterfly’s Proficiency Management Solution is designed to remove obstacles from standardizing ultrasound as core to “bedside” patient assessment, diagnosis, and treatment. This new offering supports the learning, credentialing, management, and scaling of ultrasound use and information system wide.

“Emergency Medicine has been at the forefront of developing point-of-care ultrasound and pushing the boundaries of its use. This experience provides us with a unique understanding of how to implement ultrasound as core to the way we work,” said Dr. Ryan Gibbons, Director of Ultrasound Education, Temple School of Medicine and Director of Emergency Ultrasound Fellowship, Temple Health. “We need an efficient, user-friendly modality that facilitates patient care and encourages utilization in the clinical setting. And, for ultrasound leaders, we require a system that tracks the number and type of scans while offering the ability for quality assurance and feedback. The Butterfly Proficiency Management System addresses much of this and will foster adoption more broadly across Emergency Medicine and many other specialties.”

Butterfly’s Proficiency Management Solution automates the management and analysis of ultrasound across an institution. Through intuitive dashboards users are empowered to:

Assign Unique Proficiency Requirements

  • Set thresholds for each exam-type.
  • Assign didactic education requirements.
  • Notify users on their progress against proficiency.

Analyze Ultrasound Data and Assess Impact:

  • Compare usage data between groups within an institution.
  • Identify trends and clinical insights.
  • Determine the impact of bedside imaging on clinical care.

“Ultrasound unlocks information at scale; however, in order to access this knowledge, users need to be proficient in capturing and interpreting ultrasound exams. Experts may study for years to become proficient,” said Dr. John Martin, Chief Medical Officer, Butterfly Network. “Our Proficiency Management tool aims to streamline this education, and ultimately, to accelerate the adoption and utilization of ultrasound information in patient assessment, diagnosis, and treatment.”

Located in the exhibit hall of The George R. Moscone Convention Center at Booth #1208 from October 1-4th, Butterfly will demonstrate the new Proficiency Management features as part of its holistic solution: the Butterfly iQ+ probe; device-agnostic Compass™ software; and client experience support and services. Attendees can also observe emergency-specific applications including FAST exam support and procedural guidance with Biplane Imaging™ for short and long axis needle visibility.

For more information on engaging with Butterfly at ACEP22 or for information on Butterfly educational sessions and hands-on experiences, visit here.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. The Company’s actual results may differ from its expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions (or the negative versions of such words or expressions) are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the Company’s expectations with respect to financial results, future performance, development of products and services, and the size and potential growth of current or future markets for its products and services. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from those discussed in the forward-looking statements. Most of these factors are outside the Company’s control and are difficult to predict. Factors that may cause such differences include, but are not limited to: the impact of COVID-19 on the Company’s business, including issues relating to Omicron or other variants; the ability to recognize the anticipated benefits of the business combination; the Company’s ability to grow and manage growth profitably; the success, cost and timing of the Company’s product and service development activities; the potential attributes and benefits of the Company’s products and services; the degree to which our products and services are accepted by healthcare practitioners and patients for their approved uses; the Company’s ability to obtain and maintain regulatory approval for its products, and any related restrictions and limitations of any approved product; the Company’s ability to identify, in-license or acquire additional technology; the Company’s ability to maintain its existing license, manufacture, supply and distribution agreements; manufacturing and supply of the Company’s products; the Company’s ability to compete with other companies currently marketing or engaged in the development of products and services that the Company is currently marketing or developing; changes in applicable laws or regulations; the size and growth potential of the markets for the Company’s products and services, and its ability to serve those markets, either alone or in partnership with others; the pricing of the Company’s products and services and reimbursement for medical procedures conducted using its products and services; the Company’s estimates regarding expenses, revenue, capital requirements and needs for additional financing; the Company’s financial performance; the Company’s ability to raise financing in the future; and other risks and uncertainties indicated from time to time in the Company’s most recent Annual Report on Form 10-K or in subsequent filings that it makes with the Securities and Exchange Commission. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions you not to place undue reliance upon any forward-looking statements, which speak only as of the date of this press release. The Company does not undertake or accept any obligation or undertake to release publicly any updates or revisions to any forward-looking statements to reflect any change in the Company’s expectations or any change in events, conditions or circumstances on which any such statement is based.

Butterfly Network Contacts:

Media

Holly Spring

[email protected]

Investors

Heather Getz

[email protected]

KEYWORDS: United States North America California Massachusetts

INDUSTRY KEYWORDS: Surgery Baby/Maternity Other Health Public Policy/Government Radiology Software Oncology Hardware Medical Devices Healthcare Reform Hospitals Technology Clinical Trials Cardiology Women Practice Management Seniors Veterinary Physical Therapy Nursing Managed Care Pets Medical Supplies General Health FDA Health Consumer

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Herc Holdings Announces Third Quarter 2022 Earnings Call and Webcast Date

Herc Holdings Announces Third Quarter 2022 Earnings Call and Webcast Date

BONITA SPRINGS, Fla.–(BUSINESS WIRE)–
Herc Holdings Inc. (NYSE: HRI) will host its third quarter 2022 earnings call and webcast on Thursday, October 20, at 8:30 a.m. U.S. Eastern Daylight Time. The Company plans to issue a press release with the financial results on the same day prior to the call.

Those who wish to listen to the live conference call and view the accompanying presentation slides should visit the Events and Presentations tab of the Investor Relations section of the Company’s website at https://IR.HercRentals.com. The press release and presentation slides for the call will be posted to this section of the website prior to the start of the call.

Shareholders and other interested parties who wish to ask questions may participate in the call by using the following:

U.S. participants: +1-888-660-6011

International participants, click for country specific dial-in numbers:

https://events.q4irportal.com/custom/access/2324

Access code: 7812157

Webcast URL: https://events.q4inc.com/attendee/335404297

Please dial in at least 10 to 15 minutes before the call start time to ensure that you are connected to the call and to register your name and company. A replay of the conference call will be available via webcast on the Company website at IR.HercRentals.com, where it will be archived for 12 months after the call.

About Herc Holdings Inc.

Herc Holdings Inc., which operates through its Herc Rentals Inc. subsidiary, is one of the leading equipment rental suppliers with approximately 350 locations in North America. With over 57 years of experience, we are a full-line equipment rental supplier offering a broad portfolio of equipment for rent. Our classic fleet includes aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting. Our equipment rental business is supported by ProSolutions®, our industry-specific solutions-based services, which includes power generation, climate control, remediation and restoration, pumps, trench shoring, and studio and production equipment, and our ProContractor professional grade tools. Our product offerings and services are aimed at helping customers work more efficiently, effectively and safely. The Company has approximately 5,700 employees who equip our customers and communities to build a brighter future. Herc Holdings’ 2021 total revenues were approximately $2.1 billion. All references to “Herc Holdings” or the “Company” in this press release refer to Herc Holdings Inc. and its subsidiaries, unless otherwise indicated. For more information on Herc Holdings and its products and services, visit: www.HercRentals.com.

Paul Dickard

Vice President, Communications

[email protected]

239-301-1214

Elizabeth Higashi, CFA

Vice President, Investor Relations & Sustainability

[email protected]

239-301-1024

KEYWORDS: Florida United States North America

INDUSTRY KEYWORDS: Trucking Automotive Transport Other Construction & Property Construction & Property Fleet Management

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Nordic American Tankers Ltd (NYSE: NAT) – Sale of Suezmax tanker (2003 built)

 

Thursday, September 29, 2022

 

Dear Shareholders and Investors,

Today we have entered into a sales agreement for a 2003-built suezmax tanker. The price is $21 million net to NAT. The vessel will be delivered to its new owner in 4Q 2022. The cash proceeds will be used to reduce our debt. A NAT objective is to become debt free as was the case earlier.

The buyer is a major international energy company.

As advised the investor market earlier this week, I purchased shares in NAT, and my son, Alexander Hansson, NAT Board Member, has also lately continued to accumulate shares.

As in the past, the Hansson family is the largest private shareholder group in Nordic American Tankers.

NAT has paid dividend for 100 consecutive quarters. The dividend policy is steadfast.

The market for our ships remains firm.

For contacts, please see at the end of this communication.                                          


 
Sincerely,

Herbjorn Hansson
Founder, Chairman & CEO
Nordic American Tankers Limited 

 

 CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

Matters discussed in this press release may constitute forward-looking statements. The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

The Company desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “believe,” “anticipate,” “intend,” “estimate,” “forecast,” “project,” “plan,” “potential,” “will,” “may,” “should,” “expect,” “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these expectations, beliefs or projections. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

Important factors that, in our view, could cause actual results to differ materially from those discussed in the forward-looking statements include the strength of world economies and currencies, general market conditions, including fluctuations in charter rates and vessel values, changes in demand in the tanker market, as a result of changes in OPEC’s petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the market for our vessels, availability of financing and refinancing, changes in governmental rules and regulations or actions taken by regulatory authorities, potential liability from pending or future litigation, general domestic and international political conditions, potential disruption of shipping routes due to accidents or political events, vessels breakdowns and instances of off-hires and other important factors described from time to time in the reports filed by the Company with the Securities and Exchange Commission, including the prospectus and related prospectus supplement, our Annual Report on Form 20-F, and our reports on Form 6-K.

 

Contacts:       

Bjørn Giæver, CFO
Nordic American Tankers Ltd
Tel: +1 888 755 8391                               

 

Alexander Kihle, Finance Manager
Nordic American Tankers Ltd
Tel: +47 91 72 41 71     

 

www.nat.bm 



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ServiceNow, Honeywell Back Noodle.ai with $25M Series C to End Global Supply Chain Crisis

PR Newswire

Yesterday’s Planning Systems Can’t Withstand Today’s Supply Chain Volatility; Noodle.ai’s Tech Changes the Game


SAN FRANCISCO
, Sept. 29, 2022 /PRNewswire/ — Noodle.ai, creator of the world’s leading supply chain system of intelligence, today announced it has closed a $25M Series C funding round, including participation from the venture arm of ServiceNow (NYSE: NOW) and Honeywell Ventures. The investments provide further validation of Noodle.ai’s innovative AI-driven platform, Inventory Flow, a supply chain system of intelligence that enables companies to profitably navigate some of the world’s most complex supply chain challenges.

Noodle.ai’s Inventory Flow deploys pioneering data science technology, including deep probabilistic predictions, graphical neural networks and reinforcement learning. By adding a system of intelligence to companies’ existing systems of record and systems of planning, Inventory Flow can find and resolve massive numbers of undetected problems in the supply chain — ultimately maximizing profits by enabling the right goods to flow to the right place at the right time.

“The past few years have seen a shift from a ‘normal’ world, where supply chain planners could make reasonable assumptions that generated good-enough projections, to the ‘post-normal’ world of today’s unprecedented supply chain chaos,” said Stephen Pratt, founder and CEO of Noodle.ai, whose full comments can be found on the Noodle.ai blog. “Noodle.ai is combining human expertise with AI to ‘science the crap’ out of supply chain predictions and corrections so that companies can achieve wildly profitable outcomes. We’re delighted that our funding partners share our vision and have confidence in our ability to deliver real solutions to a major global problem.”

The latest round brings Noodle.ai’s total funding to more than $100M, including previous rounds from TPG Growth, Dell Technologies Capital, Mitsubishi and SMS group. In a tight investment landscape, the recent funding is notable, reinforcing the urgent need for innovation in global supply chains. Noodle.ai will use the funds to accelerate product innovation and technology integrations to support a growing customer base of companies across a wide range of industries heavily reliant on the global supply chain, including consumer packaged goods (CPG), food and beverage, beauty and cosmetics, metals, automotive, paper and pulp, and more.

ServiceNow’s investment in Noodle.ai will help drive further investment in and expansion of Noodle.ai’s supply chain system of intelligence to set a new standard for connected supply chain operations.

“Helping customers make work flow across the enterprise is at the core of ServiceNow’s purpose,” said Phillip Kirk, Senior Vice President of Corporate Business Development at ServiceNow. “Our investment in Noodle.ai complements our focus on breaking down siloes and leveraging AI-based decision intelligence. We will continue to seek and invest in innovations that enable enterprises to make the world work better for everyone.”

Honeywell Ventures is the venture arm of Honeywell that invests in early-stage, high-growth companies that have emerging and disruptive technologies. The strategic investment in Noodle.ai will enable Honeywell – along with its technology – to deliver more advanced data and intelligence, to help its customers accelerate business decision-making and digital transformation to help organizations streamline operations and lower costs.

“As a world leader in controls and automation, Honeywell is helping our customers solve key operational and supply chain challenges through industrial-grade software and our Honeywell Forge enterprise performance management solution,” said Patrick Hogan, managing director of Honeywell Ventures. “Our investment in Noodle.ai will accelerate digital transformation in supply chains by bringing enhanced data intelligence to address key challenges such as improving demand and supply planning. We believe organizations will benefit from these new capabilities to deliver products and services more quickly to customers.”

About Noodle.ai
Noodle.ai has a clear mission: to create a world without waste. With today’s unprecedented supply chain crisis, in which “normal” conditions no longer exist, companies’ systems of record and systems of planning alone cannot keep pace. Noodle.ai has responded by creating a supply chain system of intelligence, optimized to enable companies to navigate the highly dynamic “post-normal” environment. Based on Noodle.ai’s Enterprise AI advanced capabilities, the production-proven Inventory Flow platform makes sure that the right stuff flows to the right place at the right time. Visit www.noodle.ai to learn more.

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SOURCE Noodle.ai

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BILLTRUST SPECIAL ALERT: Julie & Holleman Investigates Potential Legal Claims Related to Proposed Acquisition of BTRS Holdings Inc.

PR Newswire


NEW YORK
, Sept. 29, 2022 /PRNewswire/ — Shareholder rights law firm Julie & Holleman is investigating the proposed acquisition of BTRS Holdings Inc. (NASDAQ: BTRS) (“Billtrust”) by affiliates of private equity firm EQT. The deal was announced on September 28, 2022, offers Billtrust shareholders just $9.50 per share, and is expected to be completed in the fourth quarter of 2023.

To learn more about the investigation, click here.

Billtrust is a leading provider of cloud-based software and integrated payment processing solutions that simplify and automate B2B commerce. Wall Street analysts have established price targets as high as $13 per share for the company’s stock, and an EQT partner has hailed the company as “a compelling value proposition.” Nonetheless, the $1.7 proposed acquisition will end Billtrust’s tenure as a publicly traded company. Critically, two of the company’s major shareholders, including Chairman and CEO Flint A. Lane and affiliates of Bain Capital Ventures, LLC, are opted against taking the merger consideration and are instead rolling over their interest into the post-close company.

Julie & Holleman is investigating potential legal claims available to Billtrust’s shareholders regarding the proposed acquisition, including claims relating to potential conflicts related to the rollover agreements involving Lane and Bain. Julie & Holleman is also concerned about the adequacy of the $9.50 per share acquisition price given the company’s upside potential and the aforementioned price targets reaching as high as $13 per share.

If you would like more information about Julie & Holleman’s investigation, or about the acquisition in general, please contact W. Scott Holleman by email at [email protected] or by telephone at (929) 415-1020. You may also visit the firm’s website by clicking here.

Julie & Holleman is a boutique law firm that focuses on shareholder litigation, including derivative actions, mergers and acquisitions cases, securities fraud class actions, and corporate investigations. The firm’s attorneys litigate in state and federal courts across the nation. For more information about the firm, please visit https://www.julieholleman.com/. This notice may constitute attorney advertising.

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SOURCE Julie & Holleman LLP